Global Term Insurance Market Assessment, By Type [Level Term Policy, Renewable or Convertible Policies, Annual Renewable Term, Mortgage Life Insurance], By Level [Individual Level, Group Level, Decreasing Term], By Distribution Channel [Tied Agents and Branches, Brokers, Bancassurance, Others], By Region, Opportunities and Forecast, 2018-2032F

Global term insurance market is projected to witness a CAGR of 8.85% during the forecast period 2025-2032, growing from USD 1176.49 billion in 2024 to USD 2318.55 billion in 2032. 

Term Insurance Market Size, Share & Growth Forecast 2032

Global Term Insurance Market Assessment, Opportunities and Forecast, FY2018-FY2032F

Global Term Insurance market is expected to experience growth due to a rise in awareness about financial security, innovations in technology and AI as well as mergers and Acquisitions and other Innovative Methods bringing new policyholders.

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